127. Overfitting & Reference Class Forecasting | THUNK @THUNKShow
127. Overfitting & Reference Class Forecasting | THUNK  @THUNKShow
Uploaded September 2017 | Updated September 2026, 1 week ago
Predicting the future is hard. Weirdly enough, you can sometimes do better with *less* information!

-Links for the Curious-

Prospect Theory: An Analysis of Decision under Risk (Kahneman & Tversky, 1979) -
https://www.princeton.edu/~kahneman/docs/Publications/prospect_theory.pdf

"Curbing Optimism Bias and Strategic Misrepresentation in Planning: Reference Class Forecasting in Practice" (Flyvbjerg, 2008) - researchgate.net/publication/233258056_Curbing_Optimism_Bias_and_Strategic_Misrepresentation_in_Planning_Reference_Class_Forecasting_in_Practice

"The accuracy of hybrid estimating approaches? Case study of an Australian state road & traffic authority" (Liu, Wehbe, & Sisovic, 2010) - pmi.org/learning/library/accuracy-hybrid-reference-class-forecasting-6456
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127. Overfitting & Reference Class Forecasting | THUNK

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